Russia: Raspadskaya net profit up in 2018

In 2018 Raspadskaya increased net profit by 50.57% YoY, to 27.9 billion rubles.

Revenue grew by 34%, to 68 billion rubles.

Combined output went up by 11%, to 12.7 million tons. (Ukrainian metal)

Russia: Yuzhuralnickel profits in 2018

In 2018 the net profit of Yuzhuralnickel was 478 million rubles, up from the net losses of 1.52 billion rubles in 2017.

Revenue amounted to 88 million rubles in 2018 and 102 million in 2017.

In 2012 the company suspended operation for an indefinite period because of the world metal prices drop. (Ukrainian metal)

Ukraine: AMKR average wagons turnover down in March 2019

ArcelorMittal Kriviy Rih, the largest mining and steelmaking company in Ukraine, the railway tracks of which are above 600 kilometers long, improved its average wagons turnover by 35% MoM, having decreased it from 168 to 109 hours. Improvement of KPI on acceptance, processing and dispatch of wagons with cargoes was possible owing to a significant…

Details

Russia: Moscow Exchange suspends trade in ordinary TMK shares

The Moscow Exchange switched trade in ordinary shares of pipe producer TMK into a discreet auction mode after the stock jumped by over 20% within 10 minutes, the bourse said in a statement.

On March 22, TMK agreed to sell its U.S. subsidiary IPSCO Tubulars to Tenaris for $1.209 billion. (Prime/Ukrainian metal)